A City Council committee has okayed a major change in the city’s Business Income and Receipts Tax, but any final vote may not come for many months.
It is the second major relief program to result from the new property assessments that were mailed out earlier this year, for tax bills that are due early next year.
The five members of PICA -– the Pennsylvania Intergovernmental Cooperation Authority -– voted unanimously to approve Mayor Nutter’s long-range budget despite misgivings over the slim surpluses and the looming cost of new union contracts.
Rob Dubow says the Philadelphia school district’s budget woes could get worse if City Council doesn’t approve a bill to make permanent the once-temporary hike in the sales tax.
After months of debate, Council president Darrell Clarke says he’s proud of the final version of the Actual Value Initiative that Council has approved.
But whether the new tax ever gets final approval remains unclear.
Mayor Nutter says he’ll present a package of proposals in a week or so to raise $60 million for city schools.
The discussion, titled “Philadelphia Taxes — Past, Present and Future.” was organized by the Pew Charitable Trusts and Temple University’s Center on Regional Politics.
Council hasn’t decided whether or how it can give the school district $60 million more, but dozens from the public urged Council to find a way.
“The budget, in its current form, simply cannot support the services provided this year,” SRC chair Pedro Ramos told Philadelphia lawmakers.
BRT executive director Carla Pagan says the time required will be determined by the number of formal appeals filed, which she estimates could range between 10,000 and 50,000, or more.
Clarena Tolson, the longtime Philadelphia streets commissioner, is now the revenue commissioner.
DA Seth Williams went before City Council’s budget committee today asking for an extra $2.75 million above the nearly $32 million that Mayor Nutter has proposed for the district attorney’s office.
The Nutter administration is standing firm in its decision to bar reporters and the public from a meeting this week with Wall Street investors, despite a protest from several media outlets.
City Council president Darrell Clarke and others on Council questioned the mayor’s finance director, Rob Dubow, over whether the mayor himself will present a plan to raise an extra $60 million for the school district, or whether that political hot potato will fall in the lap of Council.